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Los Angelas, CA -- (SBWIRE) -- 10/18/2012 -- MannKind Corporation (NASDAQ:MNKD) is a development-stage biopharmaceutical company. The Company is focused on the discovery, development and commercialization of therapeutic products for diseases such as diabetes and cancer. MannKind Corporation (NASDAQ:MNKD) is very active today and traded between $1.89 - 1.97 with total traded volume of 12917612 shares. At a current price of 1.95, MNKD is -0.65 - -25.00% from the previous close of $2.60. Moreover, At Current Market Price, MNKD is in distance of -26.87% from its 50-day Moving Average price of $2.6666 and -15.58% from its 200-day Moving Average price of $2.3099. MannKind Corporation (NASDAQ:MNKD) shares jumped 5.11% and closed at $2.47 in the last trading session. The company, on Oct. 5,has completed recruiting patients in two Phase 3 clinical studies of AFREZZA, an investigational, ultra rapid-acting mealtime insulin therapy, administered using MannKind’s to-be-marketed next-generation inhaler.
Can MNKD Continue To Move Higher? Find Out
eBay Inc. (NASDAQ:EBAY) is very active today and traded between $48.37 - 50.42 with total traded volume of 11436865 shares. At a current price of 50.08, EBAY is +1.88 - +3.90% from the previous close of $48.20. Moreover, At Current Market Price, EBAY is in the distance of +3.46% from its 50-day Moving Average price of $48.4043 and +16.27% from its 200-day Moving Average price of $43.0711. EBAY was flooded with bullish attention this morning, after reporting better-than-expected third-quarter earnings post-close yesterday. Specifically, Stifel Nicolaus raised its price target to $60 from $50, while Macquarie, Needham, J.P. Morgan, Barclays, and Canaccord Genuity also issued upward price-target adjustments. (Nomura, however, cut the stock's price target to $59 from $60.) With an advance of about 59% so far this year, it's not surprising that most of the analysts covering the security maintain an upbeat attitude toward EBAY. The equity currently sports 16 "strong buys" and five "buy" endorsements, compared to nine "holds" and zero "sell" suggestions.
Can EBAY Extend Rally? Find Out Here
A123 Systems, Inc. (NASDAQ:AONE): On Tuesday, October 16, A123 Systems, Inc. (NASDAQ:AONE) announced that it has achieved an asset purchase agreement with Johnson Controls, Inc. In exchange of US$125 million, under which Johnson Controls will acquire A123's automotive business assets, its facilities in Livonia and Romulus, Michigan; its cathode powder manufacturing facilities in China, and A123's equity interest in Shanghai Advanced Traction Battery Systems Co., A123's joint venture with Shanghai Automotive. Following the announcement, shares of A123 Systems plummeted US$0.1779 (or -74.12%) in the session with US$0.0621 on hefty volume of 152.69 million shares, which was 8.2 times more than usual. In the last three months, A123 Systems insiders have sold a total of US$2.05 million in shares, which ranged in price from US$0.20 to US$0.46 each. A123 Systems, a developer and manufacturer of advanced Nanophosphate® lithium iron phosphate batteries and systems, has a market capitalization of US$10.59 million. Academic studies have shown that company insiders have traditionally made higher investment returns than ordinary investors.
How Should Investors React To AONE Now? Find Out Here
ASML Holding N.V. (NASDAQ:ASML) is a holding company, which operates through its subsidiaries. The Company is a provider of advanced technology systems for the semiconductor industry. ASML Holding N.V. (NASDAQ:ASML) tumbled after reporting financial results and a decision to acquire US light beam maker. The stock’s price increased in the last trading session with a previous 52-week high of $59.20. The stock was trading on above-average volume. The stock traded at a volume of 24.03 million shares at a price gain of 3.5%. The share price is now down -10.17% for the past three months. The latest closing price was -10.32% below its 50-day moving average and 0.65% above its 200-day moving average.
Can ASML Recover Its Previous Top Position? Find Out Here
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